Scully Company
Scully Company is a family-owned multifamily real estate firm founded in 1948 that owns, operates, and manages 42 apartment communities serving roughly 13,000 residents across Pennsylvania, New Jersey, Florida, and New England, with additional property, investment, and asset management services for third-party owners.
- Company typePrivate
- Founded1948
- HeadquartersJenkintown, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Scully Company does
Scully Company is a privately held, family-owned multifamily real estate investment and management firm founded in 1948 by James D. Scully and now led across three generations, with Jessica Scully serving as President. Headquartered at 801 Old York Road in Jenkintown, Pennsylvania, the company owns and operates 42 multifamily communities across Pennsylvania, New Jersey, Florida, and New England (Connecticut, Massachusetts), serving approximately 13,000 residents. Its portfolio spans garden-style, mid-rise, and high-rise apartment communities, supplemented by over 250,000 square feet of managed commercial space and a 100-key luxury resort hotel in Ocean City, New Jersey.
The company's service offering is structured around three integrated lines: property management (leasing, maintenance, resident relations via a Resident Portal platform), investment management (acquisition and portfolio management for multifamily real estate), and asset management (capital markets, insurance, and tax optimization on behalf of investors). Scully operates a direct-to-consumer GTM model with on-site leasing offices at every property, supported by its own website (using the Meet Elise tour-scheduling tool), third-party listing platforms such as Apartments.com, and targeted programs including a Match Day Concierge service for medical residents at Jefferson, Yale New Haven, and Lehigh Valley hospitals. Proprietary technology differentiators include an automated Lodige Industries parking system with 100% EV charging at the 210 South 12th Philadelphia property and integrated partnerships with CORT Furniture, Updater, and Cox Communications for resident services.
The revenue model is dominated by recurring residential rental income across the owned portfolio, supplemented by fee-based property management, asset management, and investment management services for third-party owners and institutional investors (including a partnership with True North Management Group on the February 2025 acquisition of The Whit Apartments in New Haven). The company is entirely family-controlled, debt-free per its own characterization, with no disclosed institutional investors or parent company, and has been recognized repeatedly as a Best Place to Work in Multifamily, including a #1 ranking in 2023.
Scully Company firmographics
Firmographics- Name
- Scully Company
- Legal name
- Scully Company
- Website
- https://scullycompany.com
- Company type
- Private
- Founded year
- 1948
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Scully Company is a family-owned multifamily real estate firm founded in 1948 that owns, operates, and manages 42 apartment communities serving roughly 13,000 residents across Pennsylvania, New Jersey, Florida, and New England, with additional property, investment, and asset management services for third-party owners.
- Ownership category
- akta.pro rank
Scully Company industry classification
Industry- Product category
- Multifamily Real Estate Management
- SIC
- Real Estate (6500), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Real Estate, Leasing & Colocation Management (Landlords/REITs) (HDAIAKAJ)
Keywords
Where Scully Company is headquartered
LocationHeadquarters
- HQ city
- Jenkintown
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Scully Company business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Residential Rental Income: Revenue generated from rental income across 42 owned multifamily communities totaling thousands of apartment units in the Northeast and Florida.
- Property Management Services: Fee-based property management services provided to third-party property owners and investors. The company manages over 250k sf of commercial space in addition to residential properties.
- Asset Management: Asset management services for real estate investments including navigating capital markets, insurance, and tax matters on behalf of clients.
- Investment Management: Investment management services for institutional and private investors in multifamily real estate.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard apartment rentals with promotional incentives |
| Subscription | Monthly | Special programs for medical residents |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Scully Company product offering
Product offeringCore offering
Scully Company is a third-generation, family-owned multifamily real estate firm that owns, manages, and provides investment and asset management services for a portfolio of 42 apartment communities across Pennsylvania, New Jersey, Florida, Massachusetts, and Connecticut. Its core revenue-generating activities are apartment rentals to residents and third-party property/investment management services delivered to institutional and private real estate owners.
Product overview
Scully Company is a family-owned multifamily real estate company founded in 1948, offering a unified suite of property management, investment management, and asset management services. The company's portfolio includes 42 apartment communities across the Northeast and Florida, managed under various brand names including Avenir, ICON, The Collins, The Sansom, The Witherspoon, The Whit, Terrain On The Parkway, Bridgeview, Phoenix Ridge, Radnor Crossing, and others. The company also operates a 100-key luxury resort hotel in Ocean City, New Jersey.
Differentiator
Problem solved
Functional benefit
Products and services
- Scully Company Apartment Communities Portfolio
Quantifiable outcome
- 73% employee retention rate vs 50% industry average
- +3 more outcomes
Companies that use Scully Company
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles2 records
Scully Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Scully Company partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Move For HungercoreScully Company has partnered with Move For Hunger, a national non-profit organization that mobilizes transportation networks to deliver food to communities in need. Each of Scully Company's communities across New Jersey, Pennsylvania, New England, and Florida participates in this program, encouraging residents to donate surplus non-perishable food items during moves.
Scale indicators6 records
Recent moves11 records
Expansion highlights5 records
Scully Company competitors and assessment
Company assessmentDirect peers
- Greystar Real Estate Partners: The largest multifamily property management and investment company in the U.S., operating across ownership, property management, and investment management. Highly comparable to Scully's vertically integrated multifamily platform, though at substantially larger scale and with a global footprint.
- AvalonBay Communities: Large publicly traded multifamily REIT with significant Northeast and Mid-Atlantic exposure. Comparable to Scully in product type (garden, mid-rise, high-rise apartments) and geography, though at much larger scale and with public-market capital access.
- Equity Residential: Major publicly traded multifamily REIT with a portfolio concentrated in coastal urban markets including the Northeast. Comparable to Scully in product type and in the urban/suburban Northeast submarkets where Scully operates.
- WinnCompanies: Multifamily owner/operator and property manager with a strong Northeast and Mid-Atlantic presence. Comparable to Scully across the full stack of ownership, property management, and asset/investment management services.
- Lincoln Property Company: National multifamily owner and third-party property manager with deep East Coast presence. Comparable to Scully in offering both ownership and fee-based property management services, though at materially larger scale.
- Bozzuto Group: Mid-Atlantic-rooted multifamily owner, developer, and property manager with a focus on East Coast urban and suburban markets. Closely comparable to Scully in business model (ownership + management), regional footprint, and family/culture-driven brand positioning.
- Camden Property Trust: Multifamily REIT focused on garden-style and mid-rise apartments across the Sun Belt and select East Coast markets. Comparable to Scully in product mix and owner-operator model, though more geographically diversified toward the Sun Belt.
Others
- Cushman & Wakefield: Global commercial real estate services firm offering property management, investment management, and asset management. Comparable to Scully's third-party service lines (though Scully's owned-portfolio focus differs) and a relevant adjacency in the real estate services ecosystem.
- JLL (Jones Lang LaSalle): Global real estate investment and services firm providing property management, investment management, and capital markets advisory. Comparable to Scully's asset management and investment management offerings as a real estate services ecosystem participant.
Regional players
- Veris Residential: Multifamily REIT focused on the New Jersey/New York metro area with comparable property types to Scully's New Jersey portfolio (high-rise and garden-style). Direct overlap in NJ submarkets makes it a relevant regional comparable.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Scully Company social profiles
Digital presenceScully Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Scully Company leadership team
Management profileNumber of profiles
Profiles9 records
Scully Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Scully Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Scully Company
What does Scully Company do?
Scully Company is a third-generation, family-owned multifamily real estate firm that owns, manages, and provides investment and asset management services for a portfolio of 42 apartment communities across Pennsylvania, New Jersey, Florida, Massachusetts, and Connecticut. Its core revenue-generating activities are apartment rentals to residents and third-party property/investment management services delivered to institutional and private real estate owners.
Is Scully Company a public or private company?
Scully Company is a private company. It is classified as family owned and is currently operating.
When was Scully Company founded?
Scully Company was founded in 1948. It employs 251 to 500 people.
Where is Scully Company based?
Scully Company is headquartered in Jenkintown, United States, in the North America region.
How does Scully Company make money?
Four revenue lines are on record. Residential Rental Income is the primary driver. The others are property Management Services, asset Management and investment Management.
Who are Scully Company's main competitors?
Direct peers on record are Greystar Real Estate Partners, AvalonBay Communities, Equity Residential, WinnCompanies, Lincoln Property Company, Bozzuto Group and Camden Property Trust. Others are Cushman & Wakefield and JLL (Jones Lang LaSalle). Veris Residential is listed as a regional player.
Does Scully Company have an API?
No public API is recorded for Scully Company.
What industry is Scully Company in?
Scully Company's product category is Multifamily Real Estate Management. Its primary akta.pro industry code is HDAIAKAJ, Real Estate, Leasing & Colocation Management (Landlords/REITs). Its SIC code is 6500.